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London-based oil major BP has agreed to buy Brazilian, Azeri and Gulf of Mexico assets from Devon Energy for...

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The storm brewing on OPEC’s horizon over future Iraqi oil output could engulf the producer group sooner than it...

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Sea Dragon Energy Inc. is pleased to announce that the Al-Amir SE-5 appraisal well has been successfully drilled and...

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EGPC signing a new loan

The Egyptian General Petroleum Corporation (EGPC) announced that it inked a 2 billion Egyptian pounds loan with 17 public...

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Siemens announced yesterday in a press conference held at Fairmont Towers Heliopolis the sponsorship signature of Enppi football club....

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Kuwait Energy announced that it discovered a new oilfield in the Egyptian western desert; Borg El Arab field is...

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Eng. Sameh Fahmy, the minister of petroleum, stressed on the importance of the continuous work to increase the financial...

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Iran’s North Oil Drilling Company signed a $143 million deal with a unit of China National Petroleum Corporation, according...

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ONGC Videsh Ltd. and its partner IPR Mediterranean Exploration Ltd. have made significant new oilfield discoveries in Block-XXIV located...

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Sea Dragon Energy Inc. is pleased to announce it has entered into an Alliance Agreement with Tanmia Petroleum Company...

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